The 5 Best Stocks to Buy for the Next 20 Years

Two small-cap picks, a pair of midcaps and a large-cap stock

Best Stocks #5 (Large Cap): Amazon (AMZN)

After seeing Amazon’s (AMZN) Jeff Bezos showing off its delivery drone project on 60 Minutes, I realized that he’s the Steve Jobs of logistics. He’s working on a plan to sell everything to everyone becoming the ultimate middle man.

I see it as the only way to run a company that desires more growth if it wants AMZN stock to flourish.

Take Amazon Web Services as an example. It has been around for seven years. In that time, the cloud computing phenomenon has taken off, and Amazon has been at the forefront of innovation. Focusing on cost control at this point of its history is business suicide. As Forbes’ Ben Kepes suggested in November:

“At the moment AWS is outperforming and out-innovating all comers. But nothing is permanent. The recent news from IBM (IBM) is a stark reminder that even those would be written off as dinosaurs have it in them to innovate. AWS should take heed of that and not take their foot off the gas, even for a moment. Even for a power house, the old adage ‘you snooze, you lose’ rings true.”

Kepes is 100% spot-on. To focus on costs at the expense of growth — and more importantly, innovation — is a loser mind-set at this point. Jeff Bezos is no loser.

I almost picked Google (GOOG), but I can’t turn my back on this kind of leadership. Buy AMZN stock and let time do its thing.

As of this writing, Will Ashworth did not hold a position in any of the aforementioned securities.